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INTANGIBLE ASSETS
 9 Months Ended
Sep. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS INTANGIBLE ASSETS
Intangible assets and related accumulated amortization were as follows:
September 30, 2025
($ in millions)Gross Carrying Amount
Accumulated Amortization
Net Carrying Amount
Trade name$48 $(26)$22 
Management contracts1,866 (574)1,292 
Club member relationships174 (89)85 
Capitalized software348 (197)151 
Marketing agreements
154 (19)135 
Other contract-related intangible assets
50 (9)41 
Total$2,640 $(914)$1,726 
December 31, 2024
($ in millions)Gross Carrying Amount
Accumulated Amortization
Net Carrying Amount
Trade name$48 $(22)$26 
Management contracts1,819 (479)1,340 
Club member relationships174 (76)98 
Capitalized software302 (167)135 
Marketing agreements
154 (11)143 
Other contract-related intangible assets
50 (5)45 
Total$2,547 $(760)$1,787 
Amortization expense on intangible assets was $52 million and $56 million for the three months ended September 30, 2025 and 2024, respectively, and $154 million and $162 million for the nine months ended September 30, 2025 and 2024, respectively. No intangible impairment charges were recognized during the three and nine months ended September 30, 2025 and 2024, respectively.